(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 18. The EU aims to
cooperate with Azerbaijan within the framework of the development
of the Middle Corridor, EU Ambassador to Azerbaijan Peter Michalko
said at the event dedicated to Europe Day, trend reports.
"We aim to establish a stable transport system within the Middle
Corridor in cooperation with the Baku Port" the ambassador
said.
He pointed out that the EU is one of Azerbaijan's main partners
in promoting sustainable development and the implementation of
specific goals.
He noted that the EU is one of Azerbaijan's main
partners in promoting sustainable development.
The EU is working closely with the Government of
Azerbaijan, in particular the Ministry of Economy, to organize a
high-level working group on economic investment, and also intends
to support the initiative of the Baku Port to switch to "green"
technologies.
Trans-Caspian East-West-Middle Corridor Initiative
shortly named as“The Middle Corridor”, which begins in Türkiye and
passes through the Caucasus region via Georgia, Azerbaijan, crosses
the Caspian Sea, traverses Central Asia and reaches China.
The Middle Corridor is more economical and faster
compared to the Northern Corridor as a trade route between Europe
and Asia and as such, is 2,000 kilometers shorter, has more
favorable climate conditions and shortens the travel time by 1/3rd
(15 days) compared to the sea route.
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